Wascosa secures €300M to expand Europe's freight wagon fleet
Wascosa, a major supplier of freight cars and logistics services for European rail transport, has expanded its financing platform for the third time. The company secured a €300 million increase to its existing credit lines, further boosting its fleet growth plans. Benjamin Mehran, Wascosa's Chief Investment Officer, confirmed the successful completion of the deal.
The financing platform was first launched in 2020. Since then, Wascosa's total wagon capacity has surged from around 5,000 units to over 20,000 by 2026—a fourfold increase. The expanded credit will now fund further growth of the company's fleet.
Legal advice for the transaction was provided by Watson Farley & Williams (WFW). The team, led by partner Frederik Lorenzen, included Andrey Latyshev, Müyeser Demirel, and Leon Rupp. Wascosa operates a large fleet of modern freight wagons, offering leasing and logistics solutions to transport and industrial customers across Europe.
The additional €300 million will support Wascosa's plans to expand its wagon fleet. With its financing platform now significantly strengthened, the company aims to maintain its position as a key player in European rail logistics. The latest credit increase marks the third successful expansion since 2020.
